US Market at 6 October 2009


Market at 6 October 2009
DJIA
Open 9601.26 High 9774.32 Low 9601.26 Close 9731.25
NASDAQ
Open 2082.52 High 2111.13 Low 2079.49 Close 2103.57
S&P500
Open 1042.02 High 1060.55 Low 1042.02 Close 1054.72

DJIA moved up passed resistance at 9710 then closed at 9731.25.
NASDAQ moved testing support at 2080 and moved up passed resistance at 2090 then closed at 2103.57.
S&P500 moved up held by resistance at 1055 then closed at 1054.72.

Market at 7 October 2009
DJIA
Support at 9630, if this support break, DJI will move to 9530.
Resistance at 9805, if this resistance break, DJI will move to 9875.
NASDAQ
Support at 2085, if this support break, NASDAQ will move to 2065.
Resistance at 2115, if this resistance break, NASDAQ will move to 2130.
S&P500
Support at 1045, if this support break, S&P500 will move to 1035.
Resistance at 1060, if this resistance break, S&P500 will move to 1070.

Economic Data Release at 7 October 2009.
  • 2 October Crude Inventories will be release at 10.00 ET.
  • September Treasury Budget will be release at 14.00 ET.
  • August Consumer Credit will be release at 14.00 ET. Analyst estimate a better release than last release, but still in negative reading.
Earning Report
6 October after market closed, YUM released their earning report. They released their earning higher than last year earning and better than analyst estimation.
7 October before market open, COST and MON will release their earning report.
Analyst estimate that COST will release their earning lower than last year release, while MON might release their earning higher than last year release.

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